Highlights

  • Briscoe Group recorded total sales of NZD 798.8 million, up 0.93% year-on-year.
  • The company reported NPAT of NZD 59.2 million and maintained a total annual dividend of 20.0 cents per share.
  • Online sales accounted for 20.04% of group revenue, increasing from 19.69% in the previous year.

Briscoe Group Limited (NZX:BGP) reported its financial results for the full year ended 25 January 2026, announcing record total sales of NZD 798.8 million alongside continued growth across its homeware and sporting goods segments. The retailer posted net profit after tax (NPAT) of NZD 59.2 million for the period and declared a fully imputed final dividend of 10.0 cents per share, bringing the total annual dividend to 20.0 cents per share.

BGP shares closed 2.38% higher at NZD 4.74 per share on 11 March 2026.

Record Sales for FY26

Briscoe Group recorded total sales of NZD 798.8 million, representing an increase of 0.93% from NZD 791.5 million in the previous year. Both operating segments contributed to the growth.

Homeware sales reached NZD 496.8 million, reflecting a 1.42% increase, while the sporting goods segment generated NZD 302.1 million, up 0.13% year-on-year.

Online retail continued to account for a larger portion of group revenue, representing 20.04% of total sales, compared with 19.69% in the previous year.

Profit and Margin Performance

The company reported NPAT of NZD 59.2 million, compared with NZD 60.6 million recorded a year earlier.

Gross profit margin for the period was 39.23%, compared with 40.37% in the previous year, representing a decline of 114 basis points.

The margin decline was more pronounced in the first half of the year, with 154 basis points contraction, while the second half recorded a 76 basis points decrease.

Total store and overhead costs increased 1.19% year-on-year, while inventory levels at the end of the financial year were NZD 90.8 million, NZD 8.9 million lower than the previous year.

Dividend Announcement

Directors declared a final dividend of 10.0 cents per share, fully imputed. When combined with the interim dividend of 10.0 cents per share, total dividends for the year amount to 20.0 cents per share.

The final dividend will be paid on 31 March 2026, with the record date set for 20 March 2026.

Capital Investment and Balance Sheet

During the financial year, Briscoe Group invested NZD 50.4 million in capital expenditure, supporting store developments, system upgrades, and progress on a new distribution centre project.

Cash and bank balances stood at NZD 130.3 million at the end of the reporting period, with no term debt on the balance sheet.

Crucial Financial Metrics

  • Total Sales: NZD 798.8 million
  • Net Profit After Tax: NZD 59.2 million
  • Gross Profit Margin: 39.23%
  • Homeware Sales: NZD 496.8 million
  • Sporting Goods Sales: NZD 302.1 million
  • Online Sales Mix: 20.04% of total sales
  • Inventory: NZD 90.8 million
  • Capital Expenditure: NZD 50.4 million
  • Cash Balance: NZD 130.3 million
  • Annual Dividend: 20.0 cents per share

FAQs

  1. What were Briscoe Group’s total sales for FY26?
    Briscoe Group reported total sales of NZD 798.8 million for the year ended 25 January 2026.
  2. What dividend did Briscoe Group declare for the year?
    The company declared a final dividend of 10.0 cents per share, bringing the total annual dividend to 20.0 cents per share.
  3. How much net profit did Briscoe Group report?
    Briscoe Group reported net profit after tax of NZD 59.2 million for the financial year.